Rs 213 Cr fake GST credit refund racket unearthed

Nagpur: In what is said to be first of its kind case, investigation wing of the central GST department has reported an alleged racket of cash refunds to the tune of Rs213 crore being availed for exports that never happened. Out of this, Rs123.97 crore have already been taken by the assessee, and disbursal of Rs90 crore was withheld after the case was detected.  The Directorate General of GST…